Putnam Valley is a somewhat small town located in the state of New York. With a population of 11,777 people and three associated neighborhoods, Putnam Valley is the 159th largest community in New York.

Housing costs in Putnam Valley are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New York.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.64% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Putnam Valley is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Putnam Valley really has some of the features that families look for when choosing a good community to raise children. Is Putnam Valley perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Putnam Valley is that it can take a long time to commute to work. In Putnam Valley, the average commute to work is 40.06 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.

In Putnam Valley, a lot of people use the train to get to work every day though Putnam Valley is a relatively small town. Those that ride the train are primarily traveling out of town to good jobs in other cities.

Putnam Valley is one of the most well-educated cities in the nation. 47.44% of adults in Putnam Valley have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Putnam Valley in 2022 was $54,158, which is upper middle income relative to New York, and wealthy relative to the rest of the US. This equates to an annual income of $216,632 for a family of four.

Putnam Valley is a very ethnically-diverse town. The people who call Putnam Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Putnam Valley residents report their race to be White, followed by Black or African-American. Putnam Valley also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.55% of the town’s residents. Important ancestries of people in Putnam Valley include Irish, Italian, German, English, and Northern European.

The most common language spoken in Putnam Valley is English. Other important languages spoken here include Other Indo-European and Italian.